cypherdoc (OP)
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November 03, 2011, 09:36:23 PM Last edit: November 03, 2011, 09:59:20 PM by cypherdoc |
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Ehm what makes you think bitcoin is even remotely connected to the world of big finances & indices? Can you put up a chart showing correlation?
i'm not even going to bother explaining this. Ok suit yourself. Yeah, he's just like Herman Cain: "I don't have any evidence to support this, but..." "....HAHAHAHAHAH YOUR SHORT POSITION, HOHOHAOHAHOTNHAUNTSH:SEIAOSETNIHSA." Fact is, after 3 months of up uP UP!, the speculation gods have given them stagnation. It's about all they can jump on, evidence wise. I do want to see him cry his eyeballs out, but I'm realistic; I'll be just as happy watching cypher_doc's post count drop to zero during the next big tank. BitMagic = ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fredwing.hutman.net%2F%7Emreed%2FAssets%2Frottweilerpuppy.jpg&t=665&c=p5V7yQD1Zof_mQ)
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BitMagic
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November 03, 2011, 10:16:48 PM |
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Ehm what makes you think bitcoin is even remotely connected to the world of big finances & indices? Can you put up a chart showing correlation?
i'm not even going to bother explaining this. Ok suit yourself. Yeah, he's just like Herman Cain: "I don't have any evidence to support this, but..." "....HAHAHAHAHAH YOUR SHORT POSITION, HOHOHAOHAHOTNHAUNTSH:SEIAOSETNIHSA." Fact is, after 3 months of up uP UP!, the speculation gods have given them stagnation. It's about all they can jump on, evidence wise. I do want to see him cry his eyeballs out, but I'm realistic; I'll be just as happy watching cypher_doc's post count drop to zero during the next big tank. Hahahaha, I hope you've liquidated your short position, Cypher_doc. Price is going up uP UP!
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Please give me your money, because I am a shameless libertarian elite who deserves your money more than you do: 9Hkao8U82WWDp6SQGn4k7ad9gT1LWeL5s3
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cypherdoc (OP)
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November 03, 2011, 10:45:57 PM |
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Ehm what makes you think bitcoin is even remotely connected to the world of big finances & indices? Can you put up a chart showing correlation?
i'm not even going to bother explaining this. Ok suit yourself. Yeah, he's just like Herman Cain: "I don't have any evidence to support this, but..." "....HAHAHAHAHAH YOUR SHORT POSITION, HOHOHAOHAHOTNHAUNTSH:SEIAOSETNIHSA." Fact is, after 3 months of up uP UP!, the speculation gods have given them stagnation. It's about all they can jump on, evidence wise. I do want to see him cry his eyeballs out, but I'm realistic; I'll be just as happy watching cypher_doc's post count drop to zero during the next big tank. Hahahaha, I hope you've liquidated your short position, Cypher_doc. Price is going up uP UP! Dude; seriously, you need some help.
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Serge
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November 03, 2011, 11:45:01 PM |
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3.20 seems to be a comfort zone (for now), enough support on both sides, I wouldn't mind seeing BTC in a range of 3.10-3.30 for next half a year or so before next big rise kicks in =)
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damnek
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November 03, 2011, 11:55:49 PM |
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3.20 seems to be a comfort zone (for now), enough support on both sides, I wouldn't mind seeing BTC in a range of 3.10-3.30 for next half a year or so before next big rise kicks in =)
The odds of that happening are smaller than btc value >$50 or <$1 within that half a year ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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trogdorjw73
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November 03, 2011, 11:58:58 PM |
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Put me in the bear club as well for the time being. We've had an upward trend since mid-October, but even with that trend we're still looking a bit high right now. If price goes up to anywhere close to $4/BTC, there are a lot of miners who have been stocking up that will decide to cash out while they're still making a profit. And if we were to really take off again, I wouldn't mind as I could just start mining again myself. Until we get a drop in the 50 BTC bonus per block found, I don't see BTC ever maintaining a price above $4/BTC.
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BitMagic
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November 04, 2011, 12:05:08 AM |
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Dude; seriously, you need some help.
Dude; seriously, you should liquidate your short position before you get zhoutonged. Dude.
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Please give me your money, because I am a shameless libertarian elite who deserves your money more than you do: 9Hkao8U82WWDp6SQGn4k7ad9gT1LWeL5s3
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cypherdoc (OP)
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November 04, 2011, 12:47:55 AM |
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Dude; seriously, you need some help.
Dude; seriously, you should liquidate your short position before you get zhoutonged. Dude. nice try on the change in strategy (deception). sorry, i haven't and won't sell/short a Bitcoin for at least 10 yrs. BitMagic = ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fredwing.hutman.net%2F%7Emreed%2FAssets%2Ftirelessrebutter.jpg&t=665&c=ZQiPn06Yq3RNxA)
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ElectricMucus
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November 04, 2011, 12:54:18 AM |
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won't sell/short a Bitcoin for at least 10 yrs.
I put this quote up just to nail you on that ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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cypherdoc (OP)
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November 04, 2011, 01:14:21 AM |
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won't sell/short a Bitcoin for at least 10 yrs.
I put this quote up just to nail you on that ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) well, i suppose if it hits $1000 in 5 yrs, i'd have to reconsider ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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ElectricMucus
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November 04, 2011, 01:46:21 AM |
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won't sell/short a Bitcoin for at least 10 yrs.
I put this quote up just to nail you on that ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) well, i suppose if it hits $1000 in 5 yrs, i'd have to reconsider ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) No you wont. At 0.001 BTC a USD it would be practically worthless. You would be busy grieving about food and about that gold you once had...
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cypherdoc (OP)
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November 04, 2011, 01:57:18 AM |
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won't sell/short a Bitcoin for at least 10 yrs.
I put this quote up just to nail you on that ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) well, i suppose if it hits $1000 in 5 yrs, i'd have to reconsider ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) No you wont. At 0.001 BTC a USD it would be practically worthless. You would be busy grieving about food and about that gold you once had... nah, gold will never reach the status and price you hope it will. come on over to my gold thread for an in depth discussion of why. https://bitcointalk.org/index.php?topic=35956.0
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tvbcof
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November 04, 2011, 02:43:32 AM |
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Thread is to long and tedious, but I'm betting that you end up being wrong, and possibly amazingly so. I see Bitcoin mostly as a currency (means of transferring value) and not so much as a 'store of value' although given the inflationary aspects of Bitcoin, I would not rule out it serving reasonable well in that capacity. One of the biggest draws of Bitcoin to me is that it offers the ability to more conveniently move value around. Gold, OTOH, is a true store of value in my book, and a bigger interest of mine than is Bitcoin. I got into gold earlier than you it sounds like, and unlike you, I'm not even close to bailing (which I will do in a heartbeat when if/when I sense that the time is right.) I may part with an once or two of gold (or some silver) in trade for BTC, but only if/when the conditions are extremely favorable to me. That most likely means finding someone who happens to have a lot of BTC and no reasonable way to convert it other than a face-to-face meeting. Like if the exchanges lock up for instance.
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sig spam anywhere and self-moderated threads on the pol&soc board are for losers.
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notme
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November 04, 2011, 04:20:17 AM |
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Thread is to long and tedious, but I'm betting that you end up being wrong, and possibly amazingly so. I see Bitcoin mostly as a currency (means of transferring value) and not so much as a 'store of value' although given the inflationary aspects of Bitcoin, I would not rule out it serving reasonable well in that capacity. One of the biggest draws of Bitcoin to me is that it offers the ability to more conveniently move value around. Gold, OTOH, is a true store of value in my book, and a bigger interest of mine than is Bitcoin. I got into gold earlier than you it sounds like, and unlike you, I'm not even close to bailing (which I will do in a heartbeat when if/when I sense that the time is right.) I may part with an once or two of gold (or some silver) in trade for BTC, but only if/when the conditions are extremely favorable to me. That most likely means finding someone who happens to have a lot of BTC and no reasonable way to convert it other than a face-to-face meeting. Like if the exchanges lock up for instance. I would really like to see a bitcoin-gold p2p exchange. Even biddingpond could be used for this. We just need an active community of people who trade little bits of gold (small denominations), then we can easily convert between gold and bitcoins in small volumes. Small volumes are more useful for everyday purchases. We can then offer to pay people in gold. I don't have any disposable USD, but I do have enough bitcoins to buy few grams at spot. coinabul wants a $100 premium on 2.5g. ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
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BitMagic
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November 04, 2011, 05:47:09 AM |
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Dude; seriously, you need some help.
Dude; seriously, you should liquidate your short position before you get zhoutonged. Dude. nice try on the change in strategy (deception). sorry, i haven't and won't sell/short a Bitcoin for at least 10 yrs. The strategy is not deception, it's just reminding you and everyone else that claiming something doesn't make it true. (I have no short positions, so you can give up with that silly claim). But you knew that, you just like to look like a fool, I think.
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Please give me your money, because I am a shameless libertarian elite who deserves your money more than you do: 9Hkao8U82WWDp6SQGn4k7ad9gT1LWeL5s3
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cypherdoc (OP)
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November 04, 2011, 05:51:05 PM |
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massive shift in bids across the mountain towards price. lotsa buyers. keep shorting into it please. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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cypherdoc (OP)
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November 04, 2011, 06:18:35 PM |
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VIX fear gauge just missed getting under 30 but should by the end of the day or Monday.
Then let the ramp begin!
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ElectricMucus
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November 04, 2011, 06:25:22 PM |
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cypherdoc = ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.nwlean.net%2Fboil-the-frog.jpg&t=665&c=M46gitDI9yuVww)
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cypherdoc (OP)
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November 04, 2011, 06:29:40 PM |
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cypherdoc = ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.nwlean.net%2Fboil-the-frog.jpg&t=665&c=M46gitDI9yuVww) LOL! thats pretty funny. ElectricMucus: "please give me coins @$0.01!"
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BTCcommodities
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November 04, 2011, 06:51:31 PM |
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I would really like to see a bitcoin-gold p2p exchange. Even biddingpond could be used for this. We just need an active community of people who trade little bits of gold (small denominations), then we can easily convert between gold and bitcoins in small volumes. Small volumes are more useful for everyday purchases. We can then offer to pay people in gold. I don't have any disposable USD, but I do have enough bitcoins to buy few grams at spot. coinabul wants a $100 premium on 2.5g. ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) Since for me as a merchant, BitCoins are mostly a way to move money, I don't have much to chime in discussion-wise. But if you'd like to buy smallish amounts of valuables, why don't you give me a try: BitCoinCommodities.comAlso: every one of you is probably right - it's just a matter of time :-D
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